Stock Market & Financial Investment News

Gap's results improve with its fashion sense, WSJ reportsFinally, Gap (GPS) is retaking lost ground, reports the Wall Street Journal. The company's latest fiscal year showed upward improvement, the result of an improved fashion sense that involved colorful jeans and sleek, "Mad Men"-style suits. Gap reported an 8% increase in January sales, excluding newly opened stores, and completed the 12 months ended February 2 with $15.7B in net sales, up 6.4% from $14.7B a year earlier. Over the past year, the company's shares are up almost 50%. Reference Link